News

Dynegy Asks Bankrutpcy Judge To Quash Subpoena Of CEO - Businessweek

04/24/12

The bank had previously sued over the asset transfers but has agreed to drop that suit. Houston-based Dynegy Holdings filed for Chapter 11 in November so it could restructure billions of dollars in debt in bankruptcy court and get out of two ...

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Corporate Attorney Adele Hogan Joins Sheppard Mullin New York - msnbc.com

04/24/12

In the restructuring & bankruptcy area, Hogan has worked on bankruptcies in ... companies have turned to Sheppard Mullin to handle corporate and technology matters, high stakes litigation and complex financial transactions. In the U.S., the firm's clients ...

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U.S. trustee objects to Kodak plan to pay $13.5M in retention bonuses - Democrat and Chronicle

04/24/12

Business services now account for 51 percent of revenue at Rochester’s largest publicly traded employer. But technology, the heart of what Xerox does in Rochester, “remains core to our business model,” CEO Ursula Burns says.- 9:44 pm The ...

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MF Global Executives Will Not Receive Bonus Money, Trustee Says - Businessweek

04/24/12

MF Global Inc. While the holding company is returning funds to creditors under Freeh in a Chapter 11 bankruptcy, the brokerage unit is returning funds to customers. That unit has a separate trustee, James Giddens, appointed under the Securities ...

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CVC Capital to take over AlixPartners - Reuters India

04/24/12

"The rest is made up of operational consulting and what we call financial advisory services which includes litigation consulting and corporate ... AlixPartners competes in the restructuring and bankruptcy space with specialists such as FTI ...

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Mediation starts in $9 billion Nortel bankruptcy under Ontario's top judge - huffingtonpost.ca

04/24/12

If the parties resort to litigation, Chief Justice Warren Winkler told a room full of high-priced bankruptcy lawyers, it would deplete much of the money now available to creditors, who include pensioners of the once high-flying high-tech company.

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Mediation starts in $9 billion Nortel bankruptcy under Ontario's top judge - 570news.com

04/24/12

If the parties resort to litigation, Chief Justice Warren Winkler told a room full of high-priced bankruptcy lawyers, it would deplete much of the money now available to creditors, who include pensioners of the once high-flying high-tech company.

[more]

Report: Dodgers' McCourt Will Seek Loan if Sale is Delayed - My Fox Boston

04/24/12

A US Bankruptcy judge approved the sale of the Dodgers to GBM for $2.15 billion earlier this month. Basketball legend and former Lakers great Magic Johnson led the group that won an auction for the storied franchise, marking an end to a soap ...

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MF Global Trustee Calls for Fund to Protect Customers - New York Times

04/24/12

While customers have on the whole received about 70 percent of their funds, those who traded on overseas exchanges have received almost none of their money, owing to bankruptcy codes in the United Kingdom that trapped about $700 million there.

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Dodgers' McCourt exploring possible loan if team sale delayed - myfoxny.com

04/24/12

A US Bankruptcy judge approved the sale of the Dodgers to GBM for $2.15 billion earlier this month. Basketball legend and former Lakers great Magic Johnson led the group that won an auction for the storied franchise, marking an end to a soap opera-style ...

[more]